New Delhi: Triumph Motorcycles has an aggressive product pipeline for India market in the next six months with nine new bike models, including some special editions, slated for launch as the British premium bike maker looks to consolidate its position further in the niche space, a top company executive has...
Government can infuse capital of Rs 14,500 crore to public sector banks
New Delhi: The Finance Ministry will decide in the fourth quarter of the current financial year to infuse capital of the remaining Rs 14,500 crore in public sector banks (PSBs). Sources gave this information. Sources said that after reviewing the performance of the first half, it has been revealed that...
RTGS rule will change from 12.30 pm tonight
New Delhi:The rule of real time gross settlement system (RTGS) facility is going to change in the country from 14 December. RTGS facility will be available 24 hours a day, seven days from 12.30 pm tonight (14 December). That is, customers will be able to transact money with this facility...
Consultations before show-cause notices to be pursued by GST officers
New Delhi: The Tax Department will actively conduct consultation prior to issuance of show-cause notices to evaders and assessees of GST so as to facilitate easier resolution of tax disputes and prevent increasing number of litigation. The Central Board of Indirect Taxes and Customs (CBIC) has clarified that such consultations...
EPFO likely to credit 8.5pc interest on EPF for 2019-20 by Dec
New Delhi: Earlier in September this year, the Employees Provident Fund Organisation had decided to split 8.5 per cent interest into two installments of 8.15 per cent and 0.35 per cent in its trustees meet headed by Labour Minister Santosh Gangwar. A highly placed source told PTI that the Labour...